
4208 TERRACE Avenue
Niagara Falls, Ontario
3 bed • 2 bath • Single Family
Prime Niagara Falls investment and redevelopment opportunity! Located just steps from the Niagara River and Great Wolf Lodge, this updated two storey home offers exceptional flexibility for investors, end-users, and developers alike. Featuring approximately 1,410 sq. ft. of living space, 3 bedrooms, 2 bathrooms, a partially finished basement, detached garage, and fenced yard, the property has been well maintained and is ready for immediate occupancy or leasing. Its desirable location near Niagara's tourism district, casinos, downtown core, Rainbow Bridge, public transit, and major transportation routes makes it an attractive option for both tenants and future owners. Beyond its immediate income and lifestyle potential, this property also presents a unique long-term opportunity. The neighboring property at 4115 May Avenue is available for purchase separately, creating the possibility of a larger land assembly for future redevelopment. Buyers looking to secure a strategic position in one of Niagara Falls' most dynamic growth areas will appreciate the added flexibility and upside potential. Whether you're seeking a turnkey investment, a future rental property, or a site with development possibilities, 4208 Terrace Avenue offers exceptional value in a highly desirable location. Buyers are encouraged to conduct their own research regarding zoning, permitted uses, and future development opportunities.
Price History
Schools
Elementary
- St Patrick Catholic Elementary School1.1 km
Catholic · Niagara CDSB · 185 students
Grade 3 reading: 100% met the provincial standard
- Simcoe Street Public School1.4 km
Public · DSB Niagara · 285 students
Grade 3 reading: 83% met the provincial standard · Grade 6 math: 56% met the provincial standard
- Valley Way Public School1.9 km
Public · DSB Niagara · 300 students
Grade 3 reading: 79% met the provincial standard · Grade 6 math: 40% met the provincial standard
Secondary
- A N Myer Secondary School3.4 km
Public · DSB Niagara · 1155 students
Grade 10 literacy: 89% met the provincial standard
- Stamford Collegiate3.8 km
Public · DSB Niagara · 805 students
Grade 10 literacy: 80% met the provincial standard
- Saint Paul Catholic High School3.9 km
Catholic · Niagara CDSB · 790 students
Grade 10 literacy: 84% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L2E
- Population
- 18,587
- Private dwellings
- 9,017
- Median age
- 46.4
- Average household size
- 2.2
- Median household income
- $60,800
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Niagara Falls · last 12 months
- Median sold price
- $560,500
- Homes sold
- 1,078
- Median days on market
- 31
- Sale-to-list price
- 96.1%
Based on 1,078 recorded sales of single family properties in Niagara Falls over the last 12 months.
Location
Mortgage Calculator
$91,980
Estimated Monthly Payment
$2,259
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,259/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $115/mo
Estimates only. Consult a financial advisor.